Plan Ledger DOL Form 5500 · updated monthly

Tennessee Tractor, LLC401(k)

TENNESSEE TRACTOR, LLC RETIREMENT SAVINGS PLAN · ALAMO, TN · plan year 2024

Reported admin expense ratio · 2024
0.44%

Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works

Tennessee Tractor, LLC reported $70,116 in plan administrative expenses for 2024: 0.44% of average plan assets, above the peer median. Employer contributions averaged $1,268 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.47% to 0.44%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 620th-largest of 1,496 plans among Tennessee employers on file, and the 1,187th of 3,341 in other services. In 2024, employees put in $2.33 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,815,499
Participants with balances336
Active participants322
Employer contributions$408,455
Employee contributions$952,426
Employer contribution per active participant$1,268
Average account balance$50,046
Benefits paid to participants$2,018,005
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.8M · 336 accts · $408K emplr
2023$15.3M · 344 accts · $394K emplr
2022$12.3M · 330 accts · $379K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,904
Investment management$46,212
Total administrative$70,116
The Tennessee Tractor, LLC 401(k) match · 2024
Employer contribution per active participant$1,268
Median for plans this size$2,416
2024$1,268 per active participant
2023$1,208 per active participant
2022$1,155 per active participant

Tennessee Tractor, LLC's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
B. RILEY WAELTH MANAGEMENT INC. · Investment advisory (plan)$46,212
BURLEIGH CONSULTING GROUP, INC. · Contract administrator$20,927
CAPITAL GROUP RETIREMENT PLAN SVCS$4,811

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$70,116 · 0.44%
2023$63,157 · 0.46%
2022$61,446 · 0.47%
Same employer
Similar plansOther Services · Tennessee
Edfinancial Services, LLC TN$29.4M · 0.57%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621749417 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.